Honorable Allan Ritter, Chair, House Committee on Natural Resources
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB454 by Hegar (Relating to the authority of the Jackson County Navigation District to file an annual compilation or review report with the executive director of the Texas Commission on Environmental Quality in lieu of filing an annual audit report.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Water Code to authorize the Jackson County Navigation District to file a compilation report or a review report to the Texas Commission on Environmental Quality (TCEQ) instead of an audited financial statement if the district's net revenues exceed expenditures by $10,000 or less. TCEQ indicated the provisions of the bill would not have a significant fiscal impact on the agency.
Local Government Impact
Because the bill would not have statewide impact on units of local government of the same type or class, no comment from this office is required by the rules of the House/Senate as to its probable fiscal implication on units of local government.